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SKYW
Stock ticker:
NASDAQ
AS OF
Jul 1 closing price
Price
$22.01
Change
+$0.76 (+3.58%)
Capitalization
1.11B

SKYW Price Prediction, SkyWest AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

SKYW in upward trend: price may ascend as a result of having broken its lower Bollinger Band on June 13, 2022

SKYW may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 39 of 49 cases where SKYW's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 80%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where SKYW's RSI Oscillator exited the oversold zone, of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 64 cases where SKYW's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on July 01, 2022. You may want to consider a long position or call options on SKYW as a result. In of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for SKYW just turned positive on June 30, 2022. Looking at past instances where SKYW's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SKYW advanced for three days, in of 298 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SKYW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for SKYW entered a downward trend on June 24, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.486) is normal, around the industry mean (45.161). P/E Ratio (11.962) is within average values for comparable stocks, (19.174). SKYW's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (0.665). SKYW has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.078). P/S Ratio (0.383) is also within normal values, averaging (0.992).

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. SKYW’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SKYW’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 93, placing this stock worse than average.

AI
A.I.Advisor
published price charts
AI
A.I. Advisor
published Earnings

SKYW is expected to report earnings to rise 29.51% to 45 cents per share on July 28

SkyWest SKYW Stock Earnings Reports
Q2'22
Est.
$0.45
Q1'22
Beat
by $0.36
Q4'21
Beat
by $0.08
Q3'21
Beat
by $0.48
Q2'21
Beat
by $1.05
The last earnings report on April 28 showed earnings per share of 34 cents, beating the estimate of 0 cents. With 585.12K shares outstanding, the current market capitalization sits at 1.11B.
AI
A.I.Advisor
published Dividends

SKYW paid dividends on April 06, 2020

SkyWest SKYW Stock Dividends
А quarterly dividend of $0.14 per share was paid with a record date of April 06, 2020, and an ex-dividend date of March 30, 2020. Read more...
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Southwest Airlines Co (NYSE:LUV), Delta Air Lines (NYSE:DAL), United Airlines Holdings (NASDAQ:UAL), American Airlines Group (NASDAQ:AAL), JetBlue Airways Corp (NASDAQ:JBLU).

Industry description

Airlines industry comprises passenger air transportation, including scheduled and non-scheduled routes. This can include charter airlines, as well as regular commuter ones. Discount pricing and the rise of low-cost carriers over recent decades have expanded the industry by making its services accessible to a much larger global population, compared to the older days when airline travel was a relative luxury for many people in the world. Delta Air Lines Inc., Southwest Airlines Co and United Continental Holdings, Inc. are some of the airlines with the largest stock market capitalizations in the U.S.

Market Cap

The average market capitalization across the Airlines Industry is 5.21B. The market cap for tickers in the group ranges from 246.81K to 21.78B. LUV holds the highest valuation in this group at 21.78B. The lowest valued company is GLUX at 246.81K.

High and low price notable news

The average weekly price growth across all stocks in the Airlines Industry was -2%. For the same Industry, the average monthly price growth was -12%, and the average quarterly price growth was 282%. AIRYY experienced the highest price growth at 20%, while GOL experienced the biggest fall at -15%.

Volume

The average weekly volume growth across all stocks in the Airlines Industry was -21%. For the same stocks of the Industry, the average monthly volume growth was -2% and the average quarterly volume growth was 64%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 54
P/E Growth Rating: 42
Price Growth Rating: 72
SMR Rating: 25
Profit Risk Rating: 93
Seasonality Score: -15 (-100 ... +100)
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published General Information

General Information

an operator of airlines

Industry Airlines

Profile
Fundamentals
Details
Industry
Airlines
Address
444 South River Road
Phone
+1 435 634-3000
Employees
15205
Web
https://www.skywest.com

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SKYW and

Correlation & Price change

A.I.dvisor indicates that over the last year, SKYW has been closely correlated with UAL. These tickers have moved in lockstep 74% of the time. This A.I.-generated data suggests there is a high statistical probability that if SKYW jumps, then UAL could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SKYW
1D Price
Change %
SKYW100%
+3.58%
UAL - SKYW
74%
Closely correlated
+2.88%
ALK - SKYW
74%
Closely correlated
+2.80%
DAL - SKYW
74%
Closely correlated
+1.90%
HA - SKYW
74%
Closely correlated
+2.38%
AAL - SKYW
73%
Closely correlated
+3.55%
More